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Businesses For Sale   >>   Absentee Businesses For Sale   

Highly Profitable Business For Sale

Location  Ohio,United States
Asking Price Range  $250K - $500K
Gross Revenues  $493958
Net Profit / Cash Flow  $191500
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Yes
Year Established  2011
Number of Employees  6 - 9
Inventory  100000
Relocatable  No
Number of Employees  6 - 9
Real Estate  Leased
Training  Will train for two 2 weeks at no cost.
Reason for Sale  Absentee owner.

Description  
Reason for Sale: Out of state owner/absentee owner- Highly Profitable retail business located in a regional mall. Seller specializes in all types of repairs for jewelry, watches & batteries, cell phones. Retail sales of watches have become a growing segment of their business + gold buying. Store has a modern design with clean lines. Absentee owner but owner benefit is for a full time working owner. 2013 sales exceed $490,000 with an owner benefit of $190,000. Great Books & records. (Tax Return on file) $30,000 of Inventory included in the sale. Lease extends to 2016 with 588 square foot footprint. 2014 numbers through 5-31-14 - $239,000. Selling Price: $440,000 For more information, please contact Russell Cohen at 954-900-2685.


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